WKins2
Expert Alumni

Get your taxes done using TurboTax

You would file your income under officer wages since is it under 125k. You will need to run payroll for yourself and pay yourself a reasonable salary. You will need to file and pay in payroll taxes, and then send yourself a W-2 at the end of the year.

 

The best thing to do is to contact a payroll company to assist you in the payroll aspect (running, filing returns, etc). 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"